Litmus Automation

Litmus Automation

Provides the solution to transform critical edge data into actionable intelligence that can power maintenance. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD201820192020202120222023
Revenues2.1m4.1m6.4m7.0m7.9m16.4m
% growth-95 %56 %10 %13 %108 %
  • Edit
DateInvestorsAmountRound
-

N/A

-

N/A

Seed

N/A

Seed

$1.5m

Seed

$2.2m

Seed
*

$7.0m

Series A
*

$30.0m

Series B
Total FundingCAD55.5m

Recent News about Litmus Automation

Edit
More about Litmus Automationinfo icon
Edit

Litmus Automation Inc. operates in the Industrial Internet of Things (IIoT) market, offering an intelligent edge computing platform designed to collect, normalize, analyze, and act on real-time data at the source. The company's core product, Litmus Edge, enables industrial clients to harness operational data for increased visibility, maximized uptime, and actionable insights. Litmus serves a diverse range of industries, including food and beverage, by simplifying the process of data collection and analysis directly from manufacturing operations. The business model revolves around providing a comprehensive platform that integrates edge device lifecycle management, centralized management for devices, data, and applications, and pre-built analytics. Litmus generates revenue through software licensing, subscription services, and a marketplace of applications. The platform supports over 250 machines out-of-the-box and offers a marketplace with 45 applications, making it a versatile solution for industrial automation needs.

Keywords: Industrial IoT, edge computing, real-time data, operational visibility, uptime maximization, data analytics, device management, manufacturing data, software licensing, subscription services.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.